7:51pm: A source tells Jerry Zgoda of the Star Tribune that the two sides are no closer to a deal, despite Wojnarowski's report. The Wolves are still waiting to hear back on an offer they made this past Friday, Zgoda writes.

Heading into the offseason, Pekovic was considered perhaps the top restricted free agent on the market, but he hasn't drawn the sort of interest that last year's top restricted options did. The perception all along has been that the Wolves and Pekovic would work something out, and no potential rival suitors, such as the Mavericks, Hawks, or Cavs, appear poised to extend an offer sheet to the big man that would make him think twice.

In addition to nearing a deal with Pekovic, the Timberwolves are closing in onCorey Brewer, and have already reached agreements with Chase Budinger and Kevin Martin. No matter what order those moves happen in, the Wolves wouldn't be able to fit all those players into their cap space, so at least one sign-and-trade will be needed if Minnesota hopes to bring all four players aboard.

One thought on “Wolves Moving Toward $50MM Deal With Pekovic?”

What’s taking Pek so long to a accept the Timberwolves offer? I don’t see that any other teams have offer him a contract. Could someone help me out with this question. If he wants to be here, It would seem to me that he would sign right away. 12 mil a year is more than he’s going to get any where else. With Pek this new team with all the addition looks poised to make some noise in the western conference playoffs. Flip has done a remarkable job putting a competitive team on the floor, we can’t ask for more, WE JUST NEED PEK TO JUST SIGN THE CONTRACT.